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Housing For Hope Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 462084353 ✦ Phoenix, AZ ✦ Designated as a 501(c)(3)

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Overview

What is Housing For Hope Inc?

Housing For Hope Inc, established in 2011, is a public 501(c)(3) charity based in Phoenix, Arizona. Their primary mission is to provide safe and aesthetically pleasing housing communities for families and individuals living on low incomes. This initiative is made possible through collaborations with private developers, as well as support from state, county, and city authorities. With the goal of addressing the demand for affordable housing in Phoenix, Housing For Hope has so far constructed one housing unit for every 100 low-income families. Their mission is rooted in the belief in the inherent worth and dignity of all individuals, and they strive to be a trusted name in developing housing communities that serve as secure homes for vulnerable families and individuals.


Official website here: www.housingforhopeaz.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 85% (Three-Star out of Four Star Rating)

Housing For Hope Inc has received a strong rating of 85%, reflecting solid performance in accountability and finance. The overall score is derived exclusively from the Accountability & Finance beacon, which emphasizes the organization's commitment to transparency and responsible financial management. This rating indicates that the charity meets high standards in governance, financial oversight, and ethical practices.

One of the notable strengths of Housing For Hope Inc is its independent board composition, with 66% of members being independent. This aspect contributes positively to the organization's decision-making processes and ensures that governance is conducted without conflicts of interest. Furthermore, the charity has been recognized for its comprehensive financial disclosures and policies, including a documented conflict of interest policy and whistleblower protections, which enhance its accountability.

While the organization has demonstrated strong financial health, it is important for potential donors to consider the program expense ratio of 81.77%. This suggests that a significant majority of expenditures are directed towards its mission-related activities, which is a positive indicator. Overall, Housing For Hope Inc appears to be a well-managed nonprofit, although donors should remain informed about its ongoing activities and impact.


This AI summary has been generated from information found on Charity Navigator.

Is Housing For Hope Inc legitimate?

Housing For Hope Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Housing For Hope Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $112,096

For more financial information, click here


Official website here: www.housingforhopeaz.org

What is the mission statement of Housing For Hope Inc?

Housing For Hope Inc's mission is centered around providing safe and affordable housing communities for families and individuals with low incomes. They uphold the value and dignity of all individuals, aiming to help them realize their potential. The organization aspires to be a trusted name in developing housing communities that serve as secure homes for vulnerable families and individuals. Through partnerships with private developers and government supporters, Housing For Hope has been able to make this affordable housing possible, addressing the need for such housing in various locations. Their work is crucial in preventing homelessness.


Official website here: www.housingforhopeaz.org

Who is the CEO of Housing For Hope Inc?

Stephen Capobres is the Secretary of Housing For Hope Inc. The CEO's salary of Housing For Hope Inc is $0 and their total compensation is $151,657.


Official website here: www.housingforhopeaz.org

What is the revenue of Housing For Hope Inc?

Housing For Hope Inc's revenue in 2022 was $1,587,623.


Official website here: www.housingforhopeaz.org

Who are the executives of Housing For Hope Inc and what are their salaries?

There 546 volunteers at Housing For Hope Inc.


Here are 6 key members and their salaries (Housing For Hope Inc's CEO's salary is $0 and their total compensation is $151,657):


Paul Mulligan (Secretary)
  • Compensation: $0
  • Related: $181,994
  • Other: $46,824
Stephen Capobres (Ceo)
  • Compensation: $0
  • Related: $136,960
  • Other: $14,697
Jim Labrie (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Paddison (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gretchen Caraway (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandi Flores (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.housingforhopeaz.org

Where can I find the form 990 for Housing For Hope Inc?

Housing For Hope Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.housingforhopeaz.org

Learn more at the official website: www.housingforhopeaz.org

Mission Statement of Housing For Hope Inc

Housing For Hope Inc, a public 501(C)(3) charity, aspires to affirm the worth and dignity of all individuals, recognizing their inherent potential. The organization's mission is centered around providing safe and aesthetically pleasing housing communities for families living on low incomes. This is made possible through partnerships with private developers, state, county, and city supporters. Established in 2011, Housing For Hope Inc was founded with the intent to address the pressing need for affordable housing in Phoenix. With one affordable housing unit for every 100 low-income families, the organization plays a crucial role in preventing homelessness. Housing For Hope Inc strives to be a trusted name in developing housing communities that serve as secure homes for vulnerable families and individuals, aligning with its mission to realize their god-given potential.

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Impact




July, 2024

Housing For Hope Inc's impact is profound in providing safe, quality, and affordable housing communities for working families and individuals in Arizona. By addressing the critical need for affordable housing in Phoenix, the organization plays a vital role in preventing homelessness and ensuring that vulnerable families have a place to call home. Through partnerships with private developers and government supporters, Housing For Hope is able to offer low-rent housing options that empower individuals to realize their potential and live with dignity. Their mission to create safe homes for those in need underscores their commitment to serving the community with compassion and integrity.




This information is meant to be a general summary of Housing For Hope Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$1,587,623 (2022)
Expenses
$1,469,025 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $968,841
  • Gross Receipts: $1,587,623

Assets and Liabilities:

  • Total Assets: $10,459,664
  • Total Liabilities: $6,237,267
  • Net Assets: $4,222,397

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM RENTS

Revenue

$968,841

Organization Details

Founding Year

2011

Principal Officer

Stephen Capobres

Main Address

4747 N 7TH AVE, PHOENIX, AZ, 85013

NTEE Category

Code: L20 - Housing

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